4. When the returns to an input are diminishing and a profit-maximizing firm chooses to hire more...

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4. When the returns to an input are diminishing and a profit-maximizing firm chooses to hire more of the input, the total product curve has what kind of slope?

a. negative decreasing

b. positive decreasing

c. negative increasing

d. positive increasing

e. positive constant

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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